Search found 777 matches

by Luke Duke
Wed Nov 14, 2018 10:10 am
Forum: Personal Consumer Issues
Topic: fuel for snowblower
Replies: 84
Views: 4285

Re: fuel for snowblower

There are a few convenience stores in our area that sell ethanol-free gas that is 91 octane. It is more expensive, which seems counter-intuitive, since I thought the idea of adding ethanol was to reduce the cost. In any event, that's what I use for my motorcycles and small engines (mower, snow blow...
by Luke Duke
Tue Nov 13, 2018 2:50 pm
Forum: Personal Consumer Issues
Topic: Any space heaters that automatically maintain a temperature in a room!
Replies: 37
Views: 2963

Re: Any space heaters that automatically maintain a temperature in a room!

Get an electric blanket. One month I used an electric space heater to heat my home office during the day, thinking, "Why heat the whole house when I just sit in here all day and work?" Electric bill was $200 more than normal that month. In San Diego. That's impossible, unless you left it on high fo...
by Luke Duke
Tue Nov 13, 2018 10:34 am
Forum: Personal Consumer Issues
Topic: Any space heaters that automatically maintain a temperature in a room!
Replies: 37
Views: 2963

Re: Any space heaters that automatically maintain a temperature in a room!

This one? Or if not any link? PELONIS Electric Radiator Heater, 1500W Portable Oil Filled Radiator Space Heater with Digital Thermostat, 24-Hour programmable Timer, Remote Control, Safe Heater for Full Room https://www.amazon.com/dp/B07FW49D83/ref=cm_sw_r_cp_api_72L6BbN1X3X08 Get an oil filled radi...
by Luke Duke
Mon Nov 12, 2018 12:02 pm
Forum: Personal Consumer Issues
Topic: Trying to move out.
Replies: 25
Views: 1958

Re: Trying to move out.

That's a lot of words. Here's a shorter version: "I'm afraid my dog and my girlfriend's dog might not get along but I want to move in with her. What should I do?" All the talk about separate crating and upstairs/downstairs is, quite frankly, crazy talk. You're not going to do that for 5+ years, or ...
by Luke Duke
Wed Nov 07, 2018 2:05 pm
Forum: Personal Consumer Issues
Topic: Do older 4x4 vehicles hold higher salvage value?
Replies: 14
Views: 1215

Re: Do older 4x4 vehicles hold higher salvage value?

Any 4WD/Diesel vehicle will be worth more than its 2WD/gas counterpart, assuming both are in identical condition.
by Luke Duke
Mon Nov 05, 2018 7:33 pm
Forum: Personal Consumer Issues
Topic: How to Encrypt a Text file?
Replies: 53
Views: 3919

Re: How to Encrypt a Text file?

Encrypting a cryptocurrency password?
by Luke Duke
Mon Nov 05, 2018 2:05 pm
Forum: Personal Consumer Issues
Topic: Home security system for vacation home
Replies: 9
Views: 802

Re: Home security system for vacation home

Without internet, you will need either a land line or a cell signal to get a monitored alarm service.
by Luke Duke
Wed Oct 31, 2018 2:35 pm
Forum: Personal Consumer Issues
Topic: When to get a new toilet?
Replies: 52
Views: 3869

Re: When to get a new toilet?

I just had a plumber recommend to me a new toilet. It was always running, and repairing it has become almost an annual affair. He said my options were either $265 to replace all the innards, or $400 to just replace it with a more modern and efficient toilet (current one is 28 years old). This new o...
by Luke Duke
Mon Oct 29, 2018 7:36 pm
Forum: Personal Consumer Issues
Topic: Tire rotation - low mileage car
Replies: 36
Views: 1917

Re: Tire rotation - low mileage car

I never rotate tires on a front wheel drive car. Discount Tire recommends keeping the tires with more tread on the rear wheels. When my fronts wear out I move the rears up front and buy 2 new tires for the rear.

I rotate tires on a RWD vehicle every other oil change.
by Luke Duke
Fri Oct 26, 2018 2:49 pm
Forum: Personal Consumer Issues
Topic: What to do with >$1000 in Amazon credits?
Replies: 57
Views: 5202

Re: What to do with >$1000 in Amazon credits?

I'm always dumbfounded when someone claims says they can't think of anything to buy on Amazon.
by Luke Duke
Tue Oct 23, 2018 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: For those who paid off house - how did you do it?
Replies: 97
Views: 7706

Re: For those who paid off house - how did you do it?

I inherited money after my Mom passed away, and before I could fritter it away on nonsense or depreciating assets like a new vehicle which I didn't need, I paid off the mortgage. That was December 2016. I still save the mortgage payment each month, but now it's in MY account not the banks!!! Make s...
by Luke Duke
Tue Oct 23, 2018 12:00 pm
Forum: Personal Consumer Issues
Topic: What to do with >$1000 in Amazon credits?
Replies: 57
Views: 5202

Re: What to do with >$1000 in Amazon credits?

I can guarantee you that the principal of you neighborhood public elementary school can email you a mile long list of things that the school needs by the end of the day.
by Luke Duke
Tue Oct 23, 2018 11:45 am
Forum: Personal Consumer Issues
Topic: noisy generator
Replies: 60
Views: 4272

Re: noisy generator

mouses wrote:
Tue Oct 23, 2018 11:24 am
The guy was here, but I was going crazy talking to people doing another project also. My take away is the 100/200/400 whatever hours for an oil change is too long and he prefers to do that sooner.
Of course he does. Just like the Quick Lube places want you to change your oil every 3000 miles.
by Luke Duke
Fri Oct 19, 2018 8:42 am
Forum: Personal Consumer Issues
Topic: Water Heater Install $1,800!
Replies: 110
Views: 23294

Re: Water Heater Install $1,800!

I had one replaced in January. It was partially covered by AHS but had to pay an additional $450 because stupid Illinois code disallows any kind of flexible connectors for either the water or gas. It has to be hard black steel for gas and copper for water. That makes the gas install more difficult ...
by Luke Duke
Wed Oct 17, 2018 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: What would you do with unexpected tax refund?
Replies: 27
Views: 1587

Re: What would you do with unexpected tax refund?

NextMil wrote:
Wed Oct 17, 2018 8:54 am
Add me to the list of people who say make sure the cash is real then pull the trigger on option 2, then use the $255 for option 1, then use all that cash to build an emergency fund.
This.
by Luke Duke
Wed Oct 17, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: 5% ESPP
Replies: 16
Views: 1214

Re: 5% ESPP

I don't think that its worth it for a 5% discount.
by Luke Duke
Thu Oct 04, 2018 9:28 am
Forum: Personal Consumer Issues
Topic: Accepting a Contingency Offer
Replies: 24
Views: 1497

Re: Accepting a Contingency Offer

Austin is a very hot market. The odds are good that their house will sell soon.

I misread the original post. You are the one in Austin and the potential buyer is selling a house in California.
by Luke Duke
Mon Oct 01, 2018 10:41 am
Forum: Personal Consumer Issues
Topic: Used Car on Lot for Year and a Half
Replies: 36
Views: 3650

Re: Used Car on Lot for Year and a Half

Get them to throw in a new battery.
by Luke Duke
Tue Sep 25, 2018 9:21 am
Forum: Investing - Help with Personal Investments
Topic: best use of $115k
Replies: 5
Views: 1325

Re: best use of $115k

I would go with option 2. You should calculate how much an extra $86/month adds to your effective interest rate. Also, you are assuming that the PMI is tax deductible. Is that still the case for you with the doubling of the standard deduction?
by Luke Duke
Tue Sep 25, 2018 9:13 am
Forum: Investing - Help with Personal Investments
Topic: Investing in the Rare Opportunity
Replies: 59
Views: 4589

Re: Investing in the Rare Opportunity

Not sure how this became a thread about 3mil vs 7mil ... obviously 7 million buys you a lifestyle in a different league... not sure how folks are arguing this. My thoughts as well. The OP is 40. Assuming that he doesn't plan to work after this gig is up (which may not be the case), the amount of in...
by Luke Duke
Mon Sep 24, 2018 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Emotional Investor - I'm a mess and need help!
Replies: 83
Views: 6440

Re: Emotional Investor - I'm a mess and need help!

I am also 40 and my wife and I have never invested more than 25-30k/yr (plus company 401k match) and we have just about as much money as you do in our accounts (I'm ignoring your food truck, app and nursing home) from using a simple index fund based strategy. Obviously I've probably been investing f...
by Luke Duke
Mon Sep 24, 2018 9:35 am
Forum: Personal Consumer Issues
Topic: squeaky lock and hard to turn key
Replies: 18
Views: 1052

Re: squeaky lock and hard to turn key

Get a tube of graphite and squirt it in the keyhole, insert/remove key several times, repeat as necessary.
by Luke Duke
Fri Sep 21, 2018 2:32 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 25523

Re: What is your single most expensive mistake?

Investing in a restaurant is my current costliest mistake.
I have another non-Boglehead investment currently that could surpass it. We'll see.
by Luke Duke
Fri Sep 21, 2018 2:30 pm
Forum: Personal Consumer Issues
Topic: My Very First Smartphone [Samsung Galaxy S9+] — Please Critique This Plan
Replies: 123
Views: 6661

Re: My Very First Smartphone — Please Critique This Plan

Others have already said it, but you could save a lot of money by getting an older phone. You may also prefer an iPhone to an Android.
by Luke Duke
Thu Sep 20, 2018 9:15 am
Forum: Personal Consumer Issues
Topic: I need a chainsaw to trim branches and limbs!!
Replies: 93
Views: 4451

Re: I need a chainsaw to trim branches and limbs!!

I have a manual pole saw and an Echo chain saw. The pole saw sees a lot more use.
by Luke Duke
Mon Sep 17, 2018 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Pay large medical bills - cash or HSA?
Replies: 8
Views: 560

Re: Pay large medical bills - cash or HSA?

Hi Everyone, I got two large medical bills due to a recent visit to an emergency room, each of which is "only" several hundred dollars, but not thousands, thanks to my insurance plan. To pay the bills, which methods would you recommend , cash or HSA? Paying the bills with pretax money is certainly ...
by Luke Duke
Mon Sep 17, 2018 9:54 am
Forum: Investing - Help with Personal Investments
Topic: New Job 1 year 401k wait, advice?
Replies: 12
Views: 1439

Re: New Job 1 year 401k wait, advice?

Are you sure that you can't contribute for one year? It is more likely that they don't match for one year.
by Luke Duke
Thu Sep 13, 2018 11:19 am
Forum: Personal Finance (Not Investing)
Topic: dumb dentist question - canceling whole life insurance
Replies: 19
Views: 1985

Re: dumb dentist question - canceling whole life insurance

HEDGEFUNDIE wrote:
Wed Sep 12, 2018 12:17 am

+1 to all of this, except I don't think the OP actually needs any kind of life insurance at this point in his life. He has no beneficiaries!
One risk of not having insurance now is that he could develop a condition in the future that would make him uninsurable.
by Luke Duke
Thu Sep 13, 2018 10:31 am
Forum: Personal Consumer Issues
Topic: Need burner phone for wife traveling in Italy
Replies: 24
Views: 1954

Re: Need burner phone for wife traveling in Italy

bob60014 wrote:
Thu Sep 13, 2018 8:46 am
If she has a smartphone just use the wi-fi and WhatsApp. Also check with her current provider as just have international packages available. Why go through the hassle of a new phone?
This. WhatsApp and GroupMe are a couple of app-based texting options.
by Luke Duke
Thu Sep 13, 2018 10:28 am
Forum: Personal Finance (Not Investing)
Topic: My daughter's inheritance.
Replies: 64
Views: 8990

Re: My daughter's inheritance.

She could retire in her 40's, she could set up future generations, she can afford to take the risk of starting her own business, she can choose to use the money to help others, etc. If I read this correctly, we're talking about $1.25M, not $12.5M. This is likely not enough money to even consider al...
by Luke Duke
Wed Sep 12, 2018 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: My daughter's inheritance.
Replies: 64
Views: 8990

Re: My daughter's inheritance.

I hope that the valuation of the deceased father's business is something that everyone concerned is comfortable with. There is more than a reasonable chance that the number you're expecting to receive is lower than it ought to be. However,this is an issue of what the ownership agreements say, and w...
by Luke Duke
Wed Sep 12, 2018 12:51 pm
Forum: Personal Consumer Issues
Topic: 1 year old birthday
Replies: 42
Views: 1980

Re: 1 year old birthday

Thank you all for your suggestions. I guess my final question at this point is, would you attend your baby's friend's birthday party if you knew it was to be held at someone's small condo? Would you think this is strange at all? I would attend only if I were good friends with the parents and if I w...
by Luke Duke
Wed Sep 12, 2018 11:08 am
Forum: Personal Finance (Not Investing)
Topic: My daughter's inheritance.
Replies: 64
Views: 8990

Re: My daughter's inheritance.

You've received some good advice here. After the dust settles and your daughter begins to take interest in managing the money, you should do your best to ensure that she understands the freedom that the money could allow her, if it is properly managed. She could retire in her 40's, she could set up ...
by Luke Duke
Wed Sep 12, 2018 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Laid Off, Considering Multiple Options - Which Would You Recommend?
Replies: 39
Views: 5503

Re: Laid Off, Considering Multiple Options - Which Would You Recommend?

You are in a very good position. I was laid off with no notice, but I received a good severance (not as good as yours). I was able to find a job in a couple of months and I had a lot of the severance left over to beef up the EF. You need to start looking for a job now. Update your LinkedIn page and ...
by Luke Duke
Tue Sep 11, 2018 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Is there a point where you should stop or hold off rebalancing?
Replies: 15
Views: 1131

Re: Is there a point where you should stop or hold off rebalancing?

vineviz wrote:
Tue Sep 11, 2018 10:50 am
Annual rebalancing is generally superior to more frequent intervals.
What is your definition of superior?
by Luke Duke
Mon Sep 10, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: Older Toyota/Honda/Similar owners: How often do you clean your car?
Replies: 36
Views: 2218

Re: Older Toyota/Honda/Similar owners: How often do you clean your car?

I wash my 2003 Toyota Highlander every 3 or 4 years whether it needs it or not.
by Luke Duke
Mon Sep 10, 2018 10:27 am
Forum: Personal Consumer Issues
Topic: Hurricane Florence - survival guide
Replies: 87
Views: 6701

Re: Hurricane Florence - survival guide

You need a generator that isn't so thirsty. I would add a quiet Honda or Yamaha to the mix, so you only have to start the hog to run the big stuff. My 2.4kW Yamaha can run two refrigerators, a chest freezer, my TV, computer and some lights.
by Luke Duke
Mon Sep 10, 2018 10:23 am
Forum: Personal Consumer Issues
Topic: Amazon Prime - Value?
Replies: 89
Views: 7579

Re: Amazon Prime - Value?

I don't have any issues with items arriving when promised, but I live in a major metropolitan area with an Amazon warehouse.
by Luke Duke
Fri Sep 07, 2018 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Max you should invest in a 529?
Replies: 181
Views: 10252

Re: Max you should invest in a 529?

WhiteMaxima wrote:
Tue Sep 04, 2018 11:50 am
529 can only be used for college.
False. It can also be used for K-12 private school tuition.
https://www.savingforcollege.com/articl ... ol-tuition
by Luke Duke
Fri Sep 07, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: 28/F... $325k total comp for 2019. Minimize taxes?
Replies: 8
Views: 2291

Re: 28/F... $325k total comp for 2019. Minimize taxes?

My stock vests + salary would be around $300k+ next year, even in a bad case where my company’s stock drops about 20% from its closing value today. Aside from contributing to my HSA and maxing out my 401k, what are things I can do to reduce my taxable income? I pay $2700 in rent and utilities, and ...
by Luke Duke
Thu Sep 06, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Purchasing annuity for wife
Replies: 21
Views: 2255

Re: Purchasing annuity for wife

Nate79 wrote:
Wed Sep 05, 2018 4:30 pm
You are worried about the fees charged by Vanguard PAS (where she would have an actual human to talk to and will completely run the investments) and are considering annuities?
This.
by Luke Duke
Tue Sep 04, 2018 11:03 am
Forum: Personal Consumer Issues
Topic: Daily Driver (Car) Over 100K Miles?
Replies: 96
Views: 7161

Re: Daily Driver (Car) Over 100K Miles?

My daily driver will hit 273K miles this week. I intend to drive it as long as it is economical to do so. In the past month, I have taken two 400+ mile road trips in it with no hesitation.
by Luke Duke
Tue Sep 04, 2018 10:52 am
Forum: Personal Consumer Issues
Topic: How to "waste" money on groceries?
Replies: 109
Views: 9751

Re: How to "waste" money on groceries?

Prime steak. I love it and find it to be worth the premium.
by Luke Duke
Thu Aug 30, 2018 11:50 am
Forum: Investing - Help with Personal Investments
Topic: What to do with cash/emergency fund
Replies: 36
Views: 3583

Re: What to do with cash/emergency fund

I cheat and have my EF in a 20/80 account, since I can afford to lose 25% of it and still have a sufficient buffer.
by Luke Duke
Thu Aug 30, 2018 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Transfer of ESPP shares not allowed
Replies: 4
Views: 271

Re: Transfer of ESPP shares not allowed

Why do you want to transfer them? If you are going to sell them, just sell them and move the cash to your other accounts.
by Luke Duke
Wed Aug 29, 2018 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring. 28 y.o. $5M in cash. Asking for advice for portfolio.
Replies: 80
Views: 13780

Re: Retiring. 28 y.o. $5M in cash. Asking for advice for portfolio.

If I were in your situation, I would have a minimum of 50% equities.
by Luke Duke
Wed Aug 29, 2018 4:00 pm
Forum: Personal Consumer Issues
Topic: How do you save money on groceries?
Replies: 157
Views: 10498

Re: How do you save money on groceries?

Are you getting cash back while you are at the grocery store? If so, is the cash being categorized as groceries when you categorize your expenses?
by Luke Duke
Wed Aug 29, 2018 2:16 pm
Forum: Personal Consumer Issues
Topic: Microsoft adding stock quote functionality to Excel
Replies: 12
Views: 3871

Re: Microsoft adding stock quote functionality to Excel

Will this work for mutual funds as well?